"There is no immediate disruption to Facebook," the company said Monday after the Irish Data Protection Commission (DPC) ordered parent company Meta to suspend future data transfers to the U.S. within five months, pay a fine of $1.3 billion (1.2 billion pounds), and come into compliance with EU privacy law within six months. Facebook "will appeal the ruling, including the unjustified and unnecessary fine, and seek a stay of the orders through the courts," Global Affairs President Nick Clegg blogged.
The FTC will consider regulatory action against companies using artificial intelligence products “even before consumers are harmed,” FTC Chair Lina Khan said Thursday. The commission voted 3-0 to issue a policy statement detailing how the agency plans to use existing consumer protection authorities to preserve consumer privacy for AI and biometric technology.
OpenAI CEO Sam Altman briefed House Judiciary Committee members Tuesday, Chairman Jerry Nadler, D-N.Y., said as members grapple with potential solutions for crediting copyright owners when artificial intelligence systems use their work.
ChatGPT creator OpenAI supports deploying a new federal agency to regulate artificial intelligence and other disruptive technologies, OpenAI CEO Samuel Altman told Senate Judiciary Committee members Tuesday.
The Senate Judiciary Committee voted 21-0 Thursday to pass legislation intended to hold tech platforms more accountable for hosting child sexual abuse material (CSAM). Chairman Dick Durbin, D-Ill., received sweeping support for his Strengthening Transparency and Obligation to Protect Children Suffering from Abuse and Mistreatment (Stop CSAM) Act (S-1199). The bill had zero co-sponsors heading into Thursday’s markup.
The EU should consider issuing a renewed, unified policy on China, given French President Emmanuel Macron’s comments in April about U.S.-China relations, said European Parliament Member Eva Maydell of Bulgaria Wednesday.
It’s getting more difficult for telecom companies to maintain cybersecurity insurance due to the constant barrage of ransomware attacks, NTCA General Counsel Jill Canfield said Tuesday. She highlighted some of the cyber hurdles telecoms face, during an FCBA webinar. If a company has more than one insurance claim a year, the insurance provider will start denying claims, and it’s not easy to find a new provider, she said. Itron Privacy Counsel Nicole Thomas agreed, saying threat actors are going to continue to attack due to the profitability of ransomware efforts.
TikTok has never shared, or received a request to share, data with the Chinese government, the company wrote the House Commerce Committee in response to members’ questions for the record (QFR), which the committee released Friday. The company dodged several questions, including requests for specifics about how many engineers it employs in the U.S. and China.
The Senate Judiciary Committee unanimously passed the Earn It Act Thursday for the third year in a row. Co-author Lindsey Graham, R-S.C., told members he expects the bill to ultimately “go nowhere” due to Big Tech lobbying efforts.
Meta should be banned from monetizing children’s data, the FTC said Wednesday, claiming the company violated its 2020 privacy order with the agency.